Common use of Builder’s Limited Warranty Clause in Contracts

Builder’s Limited Warranty. Seller has entered into a written contract for the construction of improvements constituting the Unit and other units in the subdivision (the “Project”) with Seven Generations Construction, LLC (“SG”). SG has provided a limited warranty for its work on the Project, which is attached hereto as Exhibit D (“Limited Warranty”). The Limited Warranty contains an arbitration clause requiring disputes arising from the Limited Warranty to be arbitrated. At Closing, Seller shall assign its interests in the Limited Warranty to Buyer.

Builder’s Limited Warranty. Seller has entered into a written contract for the construction of improvements constituting the Unit and other units in the subdivision (the “Project”) with Seven Generations Construction, LLC (“SG”). SG has provided a limited warranty for its work on the Project, which is attached hereto as Exhibit D (“Limited Warranty”). The Limited Warranty contains an arbitration clause requiring disputes arising from the Limited Warranty to be arbitrated. At Closing, Seller shall assign its interests in the Limited Warranty to Buyer.Buyer.‌